Yeah a lot of international brokers seem to set up shop there - oh well hopefully you can keep trading with Vantage!

Yeah I hope so it took me ages to find a good broker and I don’t want to have to leave Vantage and start searching again

profitbaby:

Is there any trustworthy regulator in NZ that oversees local brokers? Like ASIC or CySec or smth. like that… Something tells me there are too many unregulated brokers from NZ

Hi profitbaby yeah we have the FMA but a lot of companies just ‘register’ in New Zealand and aren’t actually regulated by the FMA. You see this internationally as well with brokers ‘registering’ in the UK and claiming to be UK regulated. It’s like Badem said, lots of brokers from places like Russia and Pakistan pretending they are NZ companies.

Hi guys, there’s another one. It’s called AETOS. regulated by ASIC and FCA and they don’t charge commissions. Spread is low as 0.7pip for EURUSD. Btw I teach forex let me know here if you guys interested